Independent journal on economy and transport policy
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It continues the trend it drop of the economic performances of Panalpina
In the third useful trimester clearly and operating profit they are diminished respective of 87.1% and 84.4%
November 2, 2012
This summer is continued the trend drops of the economic performances of the logistic group Panalpina. "In the third trimester of 2012 - the managing director of the Helvetic group has commented, Monika Ribar - us they have been lights and shadows. On one side the marine transport has continued with levels record of the volumes and our investments in the logistics have clearly begun to give yield since more and more customers entrust themselves to our logistic services to added value. From the other side our results in the field of the aerial transport have been disappointing".
Panalpina has concluded the third trimester of 2012 with a profit clearly of 4,1 million franchi Swiss on revenues for 1,721, 2 million franchi Swiss respect to a profit clearly of 31,7 million franchi Swiss on revenues for 1,570, 9 million franchi Swiss in the correspondent period last year. The EBITDA is piled to 18,1 million franchi Swiss (- 66.6%) and the EBIT to 7,0 million franchi Swiss (- 84.4%).
In the field of marine shipments, in which Panalpina has recorded an increment of 5% of the transported volumes, the group has totaled a groos profit of 122 million franchi Swiss on revenues for 723 million franchi Swiss, with increments respective of 10.9% and 26.4% on the period July-september of 2011. The Logistics division has totaled a groos profit of 100 million franchi Swiss (+23.5%) on Swiss revenues for 226 million franchi (+7.6%). In the section of air shipments, in which the transported volumes are diminished of 8%, the groos profit is dropped of 4.2% to 158 million franchi Swiss and the revenues are dropped of 2.2% to 772 million franchi Swiss.
Panalpina clearly has archived item the first nine months of 2012 with a net loss of 19,0% on revenues for 4,928, 7 million franchi Swiss respect to a profit of 98,7 million franchi Swiss on revenues 4,851, 8 million franchi Swiss in the same period last year. EBITDA is diminished of 83.5% to 26,9 million franchi Swiss and the Swiss EBIT has been negative for 5,1 million franchi Swiss respect to a positive result operating for 135,5 million franchi in the period January-september of 2011.
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This summer is continued the trend drops of the economic performances of the logistic group Panalpina. "In the third trimester of 2012 - the managing director of the Helvetic group has commented, Monika Ribar - us they have been lights and shadows. On one side the marine transport has continued with levels record of the volumes and our investments in the logistics have clearly begun to give yield since more and more customers entrust themselves to our logistic services to added value. From the other side our results in the field of the aerial transport have been disappointing".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
